🏠The Assumable Guy

Loan Comparison: 5.1% vs 6.5%

698 Moline Street, Aurora, CO 80012 · 2bd/3ba · $499,000

List Price
$499,000
Assumable Rate
5.1%
Remaining Balance
$481,986
Equity Gap
$17,013
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($17,013) is less than 5% of the purchase price ($24,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$17,013
Effective Rate
5.1%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,996/mo
Assumable @ 5.1%
$2,617/mo
$379less per month with the assumable

Your Savings on This Property

698 Moline Street, Aurora · 5.1% VA vs 6.5% conventional

$379
per month
$4,553
per year
$136,576
over 30 years
$144,512
interest saved
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